608 Palisade Avenue Jersey City, NJ 07307
Listing Courtesy of: NJMLS IDX / Howard Hanna | Rand Realty / Michael Joo - Contact:  (201) 284-9009

  608 Palisade Avenue Jersey City, NJ 07307

Pending (11 Days)
$849,777
3
BED
3
BATH

Description

OFFER ACCEPTED - NO more showings. Looking for a phenomenal, meticulously maintained, 3 unit investment/owner-occupied property in desirable, vibrant JC Heights, w/ an almost never-seen 7.1% CAP RATE? A quiet, perfect location that can't be beat - a commuter's dream literally steps to 9th/Congress St Light Rail, just 2 stops to Hoboken/NYC PATH & 2 blocks to Washington Park. The expanded 1st Fl 1BR w/ formal DR unit can be a 2BR/1BA w/ generous BRs & modern renovated bath.The 2nd Fl unit (renovated 1 year ago) w/ a beautiful kitchen & modern bath, new floors, dining area & lg BR w/ windowed bonus den/office/nursery. 3rd Fl unit almost identical w/ larger den and closet. The full, high ceiling BSM has storage rooms & shared washer/dryer. This is one of those rare 'no-brainer' investments w/ a potential gross income of $77,400 & 7.1% Cap Rate, w/ a 24' x 100' lot size, larger than most 3-4F in this price range. Although no known issues, sold strictly "as is."

MLS #:
24030285
Taxes
$11,558
Type
Multifamily
Style
3 Family
Views
West, Ny View, East
County
Hudson County

Listed By

Michael Joo, Howard Hanna | Rand Realty, Contact: (201) 284-9009
Source
NJMLS IDX
Last checked Dec 23 2024 at 4:52 PM EST
Bathroom Details
  • Full Bathrooms: 3
Lot Information
  • Regular
Property Features
  • Fireplace: None
Heating and Cooling
  • Gas
Basement Information
  • Grd Lv Acces
  • Full
  • Bin/Storage
Garage
  • None
Additional Information: Old Tappan | (201) 284-9009
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
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Mortgage calculator estimates are provided by Howard Hanna Rand Realty and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of NJMLS. Real estate listings held by brokerage firms other than Howard Hanna Rand Realty are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last Data Updated: 12/23/24 08:52.
Source: New Jersey Multiple Listing Service. Inc.
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